Breaking News Instant updates and real-time market news.

FL

Foot Locker

$49.09

-0.71 (-1.43%)

, DKS

Dick's Sporting

$33.81

-3.1 (-8.40%)

08:01
08/11/17
08/11
08:01
08/11/17
08:01

Foot Locker, Dick's Sporting weakness a buying opportunity, says Susquehanna

Susquehanna analyst Sam Poser said a noisy first half of 2017 has created compelling buying opportunities for both Foot Locker (FL) and Dick's Sporting (DKS) shares. The analyst said both are best in class companies that should transcend the retail malaise and are positioned to emerge stronger and more profitable. Poser reiterated his Positive rating and $75 price target on Foot Locker and Positive rating and $57 price target on Dick's Sporting shares.

FL

Foot Locker

$49.09

-0.71 (-1.43%)

DKS

Dick's Sporting

$33.81

-3.1 (-8.40%)

  • 15

    Aug

  • 18

    Aug

  • 22

    Aug

  • 23

    Aug

FL Foot Locker
$49.09

-0.71 (-1.43%)

08/01/17
FBCO
08/01/17
NO CHANGE
Target $52
FBCO
Neutral
Foot Locker price target lowered to $52 from $66 at Credit Suisse
Credit Suisse analyst Christian Buss lowered his price target for Foot Locker (FL) to $52 from $66 given increasing industry headwinds and following disappointing commentary by peers Finish Line (FINL) and Hibbett Sports (HIBB). The analyst believes the best-in-class execution by Foot Locker may no longer be enough. He reiterates a Neutral rating on Foot Locker's shares.
08/08/17
MSCO
08/08/17
UPGRADE
MSCO
Overweight
Foot Locker upgraded to Overweight from Equal Weight at Morgan Stanley
08/08/17
08/08/17
UPGRADE
Target $65

Overweight
Foot Locker upgraded to Overweight on recent share weakness at Morgan Stanley
As previously reported, Morgan Stanley upgraded Foot Locker (FL) to Overweight from Equal Weight and trimmed its price target to $65 from $70. Analyst Jay Sole believes share weakness related to investor concerns surrounding share loss to Amazon (AMZN) and brands' own websites has created an "excellent" buying opportunity. The analyst said Amazon and Foot Locker target different segments, with less than 5% of Foot Locker's 200 top selling shoes on Amazon, and brands desire the strong, premium mall presence that Foot Locker provides. Sole thinks recent weak comp performance was due to changing fashion trends, February's tax refund shift, and weaker sales in basketball footwear and for the company to surprise the Street by returning to 3%-5% comp growth in upcoming quarters.
08/08/17
08/08/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Tesla (TSLA) upgraded to Buy from Hold at Argus with analyst William Selesky saying he expects Tesla to reach breakeven two quarters earlier than he'd previously forecast and sees the company achieving full-year profitability in fiscal 2019. 2. L3 Technologies (LLL) upgraded to Buy from Hold at Drexel Hamilton analyst Pete Skibitski saying he is "cautiously" optimistic that there will be a positive resolution in fiscal 2018 budget negotiations, which will benefit the entire space, and notes L3's international outlook has improved as the year has progressed. 3. Foot Locker (FL) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Jay Sole saying he believes share weakness related to investor concerns surrounding share loss to Amazon (AMZN) and brands' own websites has created an "excellent" buying opportunity. 4. UPS (UPS) upgraded to Buy from Neutral at Citi with analyst Christian Wetherbee saying he sees a "clear path" toward double-digit earnings growth returning in 2018. 5. Cognizant (CTSH) upgraded to Buy from Hold at Berenberg with analyst Georgios Kertsos saying the market now considers U.S. immigration policy changes as unlikely, which leaves upside for investors. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
DKS Dick's Sporting
$33.81

-3.1 (-8.40%)

07/25/17
WOLF
07/25/17
DOWNGRADE
WOLF
Peer Perform
Dick's Sporting downgraded to Peer Perform from Outperform at Wolfe Research
08/07/17
FBCO
08/07/17
NO CHANGE
Target $44
FBCO
Neutral
Dick's Sporting price target lowered to $44 from $55 at Credit Suisse
Credit Suisse analyst Seth Sigman lowered his price target for Dick's Sporting to $44 from $55 on the back of weaker industry trends, including slowing sales and elevated promotional activity. He reiterates a Neutral rating on the shares.
08/09/17
OTRG
08/09/17
DOWNGRADE
OTRG
Mixed
Dick's Sporting downgraded to Mixed from Positive at OTR Global
08/10/17
CLVD
08/10/17
NO CHANGE
CLVD
Dick's Sporting sales trends have weakened further, says Cleveland Research
Cleveland Research's checks indicate Dick's Sporting Goods sales trends weakened further in the back-half of Q2 and now expects earnings and comps below consensus. The firm expects current headwinds in apparel to continue and has increased cautions regarding the second half.

TODAY'S FREE FLY STORIES

IBB

iShares Nasdaq Biotechnology Index

$308.33

-2.88 (-0.93%)

06:39
11/21/17
11/21
06:39
11/21/17
06:39
Technical Analysis
iShares Nasdaq Biotechnology Index: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

KIRK

Kirkland's

$12.82

0.29 (2.31%)

06:39
11/21/17
11/21
06:39
11/21/17
06:39
Earnings
Kirkland's reports Q3 EPS (15c), consensus (8c) »

Reports Q3 revenue $145M,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Nov

LABD

Daily S&P Biotech Bear 3x Shares

$5.51

0.11 (2.04%)

06:39
11/21/17
11/21
06:39
11/21/17
06:39
Technical Analysis
Daily S&P Biotech Bear 3x Shares: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

EWH

MSCI Hong Kong Index

$25.57

0.14 (0.55%)

06:38
11/21/17
11/21
06:38
11/21/17
06:38
Technical Analysis
MSCI Hong Kong Index: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

EWG

iShares MSCI Germany

$32.73

0.02 (0.06%)

06:38
11/21/17
11/21
06:38
11/21/17
06:38
Technical Analysis
iShares MSCI Germany: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

UMH

UMH Properties

$15.04

-0.16 (-1.05%)

06:38
11/21/17
11/21
06:38
11/21/17
06:38
Recommendations
UMH Properties analyst commentary  »

UMH Properties added to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

IJR

iShares Core S&P Small Cap ETF

$75.20

0.57 (0.76%)

06:38
11/21/17
11/21
06:38
11/21/17
06:38
Technical Analysis
iShares Core S&P Small Cap ETF: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

HRL

Hormel Foods

$33.40

0.28 (0.85%)

06:38
11/21/17
11/21
06:38
11/21/17
06:38
Earnings
Hormel Foods sees FY18 EPS $1.60-$1.70, consensus $1.63 »

Sees FY18 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Nov

  • 27

    Nov

GHM

Graham

$19.21

0.35 (1.86%)

06:37
11/21/17
11/21
06:37
11/21/17
06:37
Hot Stocks
Graham announces two new orders totalling $6.4M »

Graham Corporation…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Nov

  • 28

    Nov

  • 29

    Nov

EEM

MSCI Emerging Markets Index

$47.06

0.24 (0.51%)

06:37
11/21/17
11/21
06:37
11/21/17
06:37
Technical Analysis
MSCI Emerging Markets Index: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

C

Citi

$72.05

0.72 (1.01%)

, BNPQY

BNP Paribas

$37.00

-0.225 (-0.60%)

06:37
11/21/17
11/21
06:37
11/21/17
06:37
Periodicals
FSB drops Citi, BNP in regulation rankings, Bloomberg reports »

The Financial Stability…

C

Citi

$72.05

0.72 (1.01%)

BNPQY

BNP Paribas

$37.00

-0.225 (-0.60%)

CS

Credit Suisse

$16.12

0.02 (0.12%)

JPM

JPMorgan

$99.01

0.87 (0.89%)

RY

Royal Bank of Canada

$78.93

-0.1 (-0.13%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Nov

  • 29

    Nov

  • 27

    Feb

  • 13

    Apr

  • 14

    Jul

  • 12

    Oct

EWW

iShares MSCI Mexico

$50.00

-0.26 (-0.52%)

06:37
11/21/17
11/21
06:37
11/21/17
06:37
Technical Analysis
iShares MSCI Mexico: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

UUP

PowerShares DB US Dollar Index Up

$24.46

0.12 (0.49%)

06:36
11/21/17
11/21
06:36
11/21/17
06:36
Technical Analysis
PowerShares DB US Dollar Index Up: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

UDN

PowerShares DB US Dollar Index Down

$22.02

-0.1052 (-0.48%)

06:35
11/21/17
11/21
06:35
11/21/17
06:35
Technical Analysis
PowerShares DB US Dollar Index Down: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ALO

Alio

$3.31

-0.1 (-2.93%)

06:35
11/21/17
11/21
06:35
11/21/17
06:35
Downgrade
Alio rating change  »

Alio downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NEXA

Nexa Resources

$16.01

0.17 (1.07%)

06:35
11/21/17
11/21
06:35
11/21/17
06:35
Initiation
Nexa Resources initiated  »

Nexa Resources initiated…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FFIC

Flushing Financial

$27.75

0.31 (1.13%)

06:35
11/21/17
11/21
06:35
11/21/17
06:35
Conference/Events
Flushing Financial management to meet with Piper Jaffray »

Meeting to be held in the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Nov

HRL

Hormel Foods

$33.40

0.28 (0.85%)

06:35
11/21/17
11/21
06:35
11/21/17
06:35
Earnings
Hormel Foods reports Q4 EPS 41c, consensus 40c »

Reports Q4 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Nov

  • 27

    Nov

SPN

Superior Energy

$8.81

-0.14 (-1.56%)

06:34
11/21/17
11/21
06:34
11/21/17
06:34
Upgrade
Superior Energy rating change  »

Superior Energy upgraded…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FSCT

ForeScout

$26.94

1.39 (5.44%)

06:34
11/21/17
11/21
06:34
11/21/17
06:34
Initiation
ForeScout initiated  »

ForeScout initiated with…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 07

    Dec

GSV

Gold Standard Ventures

$1.49

0.02 (1.36%)

06:33
11/21/17
11/21
06:33
11/21/17
06:33
Hot Stocks
Gold Standard Ventures announces results from drilling in Carlin Trend »

Gold Standard Ventures…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SSNC

SS&C

$39.69

-0.25 (-0.63%)

06:32
11/21/17
11/21
06:32
11/21/17
06:32
Upgrade
SS&C rating change  »

SS&C upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CRAI

CRA International

$45.80

-0.42 (-0.91%)

06:31
11/21/17
11/21
06:31
11/21/17
06:31
Conference/Events
CRA International management to meet with Sidoti »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Nov

BSET

Bassett Furniture

$38.55

-1.25 (-3.14%)

06:30
11/21/17
11/21
06:30
11/21/17
06:30
Conference/Events
Bassett Furniture management to meet with Sidoti »

Meetings to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Nov

  • 29

    Nov

AKS

AK Steel

$4.63

0.12 (2.66%)

06:30
11/21/17
11/21
06:30
11/21/17
06:30
Upgrade
AK Steel rating change  »

Credit Suisse sees margin…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.